Project Management Specialists in the Northwestern Region of Texas nonmetropolitan area earn an average annual salary of $98,000. This figure is notably below the national average of $108,900, reflecting the unique economic dynamics and potentially lower demand for specialized project management roles in nonmetropolitan settings compared to larger urban centers.
Executive Summary
- Average Salary: $98,000 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $157,700.
- Outlook: The local job market for Project Management Specialists in this nonmetropolitan area comprises a workforce of 590 individuals. With a Location Quotient of 0.48, the concentration of these roles is significantly lower than the national average, suggesting a less robust or specialized demand for project management expertise within this specific region.
Salary Overview
The average Project Management Specialists in Northwestern Region of Texas nonmetropolitan area earns-10.0%below the national average.
$47.1
$1,885
$8,167
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Project Management Specialists in the Northwestern Region of Texas nonmetropolitan area have experienced gradual growth over the past four years, mirroring broader economic trends and the increasing importance of project management across various industries.
Project Management Specialists Salary Distribution in Northwestern Region of Texas nonmetropolitan area
Salary progression for Project Management Specialists typically correlates with experience. Entry-level positions will likely fall below the $98,000 average, while senior or lead roles commanding higher compensation packages are expected to exceed it. The percentile gaps in salary distribution signify clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,380 | $23.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $73,500 | $35.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,660 | $44.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $122,500 | $58.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $157,700 | $75.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$98,000
Gross Pay
Real Wage (Purchasing Power)
$98,000
Adjusted for COL (100)
With an average annual salary of $98,000 and a Cost of Living Index of 100, Project Management Specialists in the Northwestern Region of Texas nonmetropolitan area experience a salary that aligns directly with the national average cost of living. This means that the purchasing power of their income is effectively on par with the national standard, offering no significant advantage or disadvantage in terms of affordability.
Job Market Context
590
Total Jobs
3.141
Per 1K Jobs
0.48
Location Quotient
At 0.48x, Northwestern Region of Texas nonmetropolitan area has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.48 indicates that Project Management Specialists are less concentrated in the Northwestern Region of Texas nonmetropolitan area than the national average. This suggests that the job market may be less competitive in terms of the sheer number of available professionals, but it also implies a potentially lower overall demand or fewer specialized opportunities compared to more densely populated areas.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Project Management Specialists Salary | $90,190↓ 8% | 10 mi |
| Waco, TX Project Management Specialists Salary | $84,740↓ 14% | 41 mi |
| Austin-Round Rock-San Marcos, TX Project Management Specialists Salary | $104,510↑ 7% | 53 mi |
| College Station-Bryan, TX Project Management Specialists Salary | $79,550↓ 19% | 82 mi |
Comparing salaries near Northwestern Region of Texas nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Northwestern Region of Texas nonmetropolitan area?
The median annual salary for a Project Management Specialists in Northwestern Region of Texas nonmetropolitan area is $98,000. This typically ranges from $49,380 for entry-level positions to $157,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 10.0% lower than the national median of $108,900.
Is Northwestern Region of Texas nonmetropolitan area a lucrative place for Project Management Specialists?
No, it is not considered particularly lucrative.The average salary of $98,000 is below the national average, and the low Location Quotient suggests a less robust job market for these specialists.
Is Northwestern Region of Texas nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in Northwestern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwestern Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($90,190) and Waco, TX.
How does the local salary compare to the national average?
The average salary for Project Management Specialists in the Northwestern Region of Texas nonmetropolitan area is $98,000, which is $10,900 less than the national average of $108,900.
What is the concentration of Project Management Specialists in this region?
The concentration, measured by the Location Quotient, is 0.48, meaning there are fewer Project Management Specialists relative to the national average.
How does the cost of living affect the $98,000 salary?
The Cost of Living Index is 100, which is the national average. Therefore, the $98,000 salary has the same purchasing power as it would nationally.
What does a Location Quotient of 0.48 signify for job seekers?
A Location Quotient below 1.0, like 0.48, indicates that Project Management Specialists are less prevalent in this region compared to the rest of the country, potentially meaning fewer job openings or a smaller industry footprint.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 3.141 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Northwestern Region of Texas nonmetropolitan area